Stockmann Real Estate Riga

Page 1

RIGA


16

department stores

500 OVER

fashion stores in 18 countries

3

online stores


Listed on Nasdaq OMX Helsinki with approx.

over

International multichannel retailer founded in 1862

50 000

shareholders

3

business divisions as of beginning of 2015

STOCKMANN GROUP’S REVENUE IN 2014

1 844.5M€ REVENUE BY MARKET 2014 Finland 48 % Sweden and Norway 28 % Russia 15 % Baltic countries and Central Europe 9%

REVENUE BY MERCHANDISE AREA Fashion � cosmetics Food Leisure Home Books, publications, stationery

68 % 15 % 8% 7% 2%

GROUP’S SHARED FUNCTIONS

BUSINESS DIVISIONS

STOCKMANN GROUP STOCKMANN RETAIL

STOCKMANN

REAL ESTATE

STOCKMANN

FASHION CHAINS

LINDEX

Properties in Helsinki, Tallinn, Riga and St Petersburg


5

OWN PROPERTIES

• • • • •

Helsinki flagship building Book building in Helsinki Nevsky Centre in St Petersburg Tallinn store building Riga store building

Professional property management in order to enhance the shopping experience STOCKMANN

The new Real Estate division started operations on 1 January 2015. The unit is responsible for the properties owned by the Group in Helsinki, St Petersburg, Tallinn and Riga. The properties are used by the Stockmann department stores and external tenants. The Real Estate division is responsible for the tenant mix in the properties owned by Stockmann, for the administration and development of these properties and for the subletting of leased premises. The division is also responsible for the properties’ technical systems and the property services provided to tenants at all department stores. The goal of the new division is to complement and improve the selection of products and services that Stockmann provides to customers and to significantly enhance the use of space and property administration, thus maximising the value of the properties and the rental income they produce.


3.5 million

LOYAL CUSTOMERS

GROSS LEASABLE AREA (GLA)

144 000m2 OF WICH

42%

75% STOCKMANN

in Finland

used by Stockmann Retail

Stockmann Retail’s goal is to offer a topnotch shopping experience for customers by providing best-in-class service, an up-to-date mix of brands and choices and a rewarding Loyal Customer programme.

FAIR VALUE OF PROPERTIES

908,3M€ (1 January 2015)

Retail has a strong focus on fashion, cosmetics, food and home products. The target is to withdraw from certain product categories and release space which Real Estate will lease out for external tenants as a target to Create added value to customers and shareholders.

STORE SALES AREA (SQM) Helsinki Flagship Itis (Vantaa) Jumbo (Vantaa) Tapiola (Espoo) Turku Tampere Oulu Tallinn Riga

54 900 12 000 11 700 14 500 14 300 17 600 13 200 16 800 13 700

TURKU

RETAIL

OULU

TAMPERE HELSINKI ESPOO VANTAA TALLINN RIGA



All you need and more

STOCKMANN A department store with 4 floors and 13 700m2 of sales area. Whether you are searching for fashion, cosmetics, electronics, food, homeware, just name it, Stockmann is the place to go. The store has the biggest range of make-up and beauty brands in Riga. Also exclusive food products, which are difficult to find elsewhere in Riga, can be found at Stockmann. One of the biggest cinema of Latvia is located in the same building. Stockmann is located in city centre with very good access with public transportation (bus stop 10m, central train station 200m). Underground car parking with 75 places and connection to a parking house with 265 places makes it easy to get there by car.


STOCKMANN

RIGA RETAIL SPACE

13 700m2 VISITORS IN 2014

7.3 million

UNDERGROUND CAR PARKING PLACES

75

CONNECTION TO PARKING HOUSE WITH

265

parking places


STOCKMANN RIGA

FLOOR PLANS 4

3 2

1

Floor plans are not to scale and are for reference only.

Home Leisure Electronics Stationery Service point Tenants Common spaces

1241.8 m2 95.5 m2 242.2 m2 6.1 m2 55.5 m2 815.4 m2 79.3 m2

Men, Home, Leisure 22.8 m2 Women 2123.4 m2 Children 680.0 m2 Young fashion 17.4 m2 Leisure 18.7 m2 Common spaces 77.4 m2

Men 1928.5 m2 Women 12.4 m2 Young fashion 80.6 m2 Leisure 248.3 m2 Tenants 13.4 m2 Administrative support 94.1 m2 Common spaces 164.1 m2

Women Cosmetics Deli ďż˝ Cafe Magazines Tenants Fresh food Frozen food Beer, wine, spirits Beverages Non food Ambient DE Common spaces

488.5 m2 1006.7 m2 202.9 m2 10.3 m2 413.2 m2 1004.9 m2 41.2 m2 128.6 m2 40.4 m2 37.6 m2 313.5 m2 940.3 m2 533.6 m2


Historical and beautiful capital city of Latvia

The largest city of the Baltic countries POPULATION

702 000 TOURISM

2million 15.6% overnight stays by tourists

1st

increase compared to 2013

place ranking as “the best European city based on cost effectiveness�


RIGA AIRPORT

You can reach most of Europe in just a few hours by plane

RIGA

RIGA CENTRAL TRAIN STATION

STOCKMANN 13.janvāra iela 8, Rīga, LV-1050

River Daugava

2nd

place ranking in Europe as a city for fast-growth businesses


realestate@stockmann.com

RIGA


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